FIRST ON CNN: Obama to make statement on economy Friday
November 8th, 2012
06:15 PM ET
8 years ago

FIRST ON CNN: Obama to make statement on economy Friday

(CNN) - Three days after being re-elected, President Barack Obama will deliver a statement on the economy Friday, two administration officials said Thursday.

The 1:05 p.m. ET statement in the East Room will serve as an opportunity to address some of the big issues that Washington will tackle in the next few months - including staving off the so-called fiscal cliff - and to outline his priorities moving forward.

An official schedule released by the White House Thursday said the statement would address "the action we need to take to keep our economy growing and reduce our deficit."

Filed under: Economy • President Obama
soundoff (153 Responses)
  1. Penobscot

    Give another speech about it Obama....that seems to be working.

    November 8, 2012 06:37 pm at 6:37 pm |
  2. NameAMERICA 1st

    Nobama is taking the USA down the toilet

    November 8, 2012 06:43 pm at 6:43 pm |
  3. Tony Bartlett

    ...The statement would address "the action we need to take to keep our economy growing and reduce our deficit." You mean he's gonna resign?

    November 8, 2012 06:49 pm at 6:49 pm |
  4. Alan

    PLEASE DO NOT COMPROMISE ON closing loopholes for the Oil Companies, re-creating the Clinton Era Tax Structure, FIX Social Security like Regan did!!! so it's stronger, please start the National Railway Project with solid funding and lastly, please focus on eliminating the AMT for middle class America!. Thank you

    November 8, 2012 06:53 pm at 6:53 pm |
  5. James

    Obama has no clue on how to do anything concerning the Economy. And those staffers who he has around him are no help. Brilliant job of fooling a lot of voters however.

    November 8, 2012 07:15 pm at 7:15 pm |
  6. anonoymous

    if the gop is serious about bringing more people to the party start by working with the president. If they dont we'll elect one that will....

    November 8, 2012 07:26 pm at 7:26 pm |
  7. Darryl

    The people have spoken and the POYUS has his direction of this country. It's time for the Republican Party to follow his leadership and stop the obstruction they have done for the past 3 plus years.

    November 8, 2012 07:27 pm at 7:27 pm |
  8. bb

    Let's continue moving this country forward.

    November 8, 2012 07:30 pm at 7:30 pm |
  9. Jerry Garvin

    John Boehner seems like he's spoiling for a fight. I don't think he yet realizes President Obama was re-elected by a comfortable margin, the Senate and House gained Democratic seats, plus, I'm betting some responsible Republicans are happy to be out from under control of Robert Norquist, the Koch brothers and others. They won re-election by voters of the middle income group and they want to be re-elected again. The old Republican guard ain't dead yet, but it's in really bad shape. President Obama is going to put heavy pressure on Republicans with powers he has they don't have Jerry Garvin

    November 8, 2012 07:43 pm at 7:43 pm |
  10. Clueless in the White House

    Advanced copy of his speech: Much like the first 4 years, I still have no clue what I am doing! But hey, maybe if I give you more free stuff, it will help provide a needed boost to manufacturers!! This will keep you simpletons happy while I play basketball and mingle with my Hollywood friends...

    November 8, 2012 07:44 pm at 7:44 pm |
  11. CHO2

    The president needs to do a WHOLE LOT better this term than he did last term. He needs to think before he acts and quit trying to spend money everytime he does something. As for Michelle, I am sure she pushes the president some of the time to do things. MICHELLE, you need to push him harder to THINK before he acts.....

    November 8, 2012 07:50 pm at 7:50 pm |
  12. phoenix86

    The dumbing down of America continues. Wonder if Obama will mention the Iranian attack on the US drone that happened before the election.

    November 8, 2012 08:11 pm at 8:11 pm |
  13. judy

    not letting any grass grow under his feet, Now if the repos will stop bashing each other about why mitt lost and help this country move forward. Mitt lost because he is not a good leader he can make money for rich folks but has no clue about the demographics of this country. Let's move out of the 1950;s and try working togeather. Forward

    November 8, 2012 08:20 pm at 8:20 pm |
  14. Padraig

    Our economy? His plans have been failures with the exception of helping the unions save their jobs and the financial institutions with TARP money.

    If the economy has been improving then while does the amount of welfare recipients continue to grow at an alarming rate?

    I will wait and see on what happens versus what he says.

    November 8, 2012 08:28 pm at 8:28 pm |
  15. 2s godim

    I believe a bipartisan compromise will be achieved before the end of the year. 'We' do love our country.

    November 8, 2012 08:31 pm at 8:31 pm |
  16. jay

    The message is going to be we are going to extend food stamps to 100 million people and raise the deficit to over 20 trillion. If you don't feel like working no problem. You can be a leach or maggot. The Gov't will pay for your housing, your food, your healthcare, your phone, baby care, and won't make you pay any taxes. We will blame the rich people at the top and make them pay their fair share, even though they pay everything right now. This is the new America! The United Welfare States of America. Oh yeah, we will also blame the white man and George Bush for everything. We take no responsibility and we have no initiative no help out socierty in any way shape or form. We are entitled! We don't care if America goes bankrupt!

    November 8, 2012 08:31 pm at 8:31 pm |
  17. Wirgir

    O'Bummer winning is an economic fiasco.

    November 8, 2012 08:33 pm at 8:33 pm |
  18. petroskies

    who believe to him. new promise new anatomy of the economy , new good news for the millions and millions of illegal people that with his help broke the law,Mr. Obama we need jobs, jobs, not welfare benefits not free insurance , because when american people have a good jobs we will go to pay for own insurance.

    November 8, 2012 08:35 pm at 8:35 pm |
  19. Dennis

    Moving forward. That's how its done my boy.

    November 8, 2012 08:35 pm at 8:35 pm |
  20. Jcal

    If he had no details before the election, what can he possibly say 3 days after the election? If he postures himself contrary to the Republicans this early, it will say that he is very rigid in this thinking, and the stock market will continue to plummet. He got re-elected by about a 1% popular majority. This is not a firm way to start off.

    November 8, 2012 08:37 pm at 8:37 pm |
  21. angie

    I just hope he doesn't back down let's go over it the cliff the 1% have the most to lose.

    November 8, 2012 08:39 pm at 8:39 pm |
  22. Captain America

    I can't wait to see how the Community Organizer is going to fix the economy. Let me guess, take over the cable companies, invest in bankrupt energy companies or even better yet take over the entire banking system in the US.

    Great Ideas from a completely incompetent leader!!

    November 8, 2012 08:40 pm at 8:40 pm |
  23. sooth2slayer

    Time for Cliff Notes–Economics 101

    November 8, 2012 08:41 pm at 8:41 pm |
  24. Rick

    Grow the economy FIRST, then tackle the debt. Sure you can cut some waste and such now but that's small potatoes in terms of the debt. With a rocking economy the debt will become much less of an issue. If you tackle the debt first you'll end up like Europe is now with GDPs falling drastically and huge unemployment which in turn will only increase the debt via more people needing government help.

    November 8, 2012 08:41 pm at 8:41 pm |
  25. sooth2slayer

    time for cliff notes -economics 101

    November 8, 2012 08:42 pm at 8:42 pm |
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